The crypto market is starting the week with a slight pullback. XRP is currently trading around $0.617, down by 0.63% in the last 24 hours. This comes as Bitcoin has also retreated slightly after touching the $95,700 resistance level last week. Meanwhile, Bitcoin’s supply on exchanges continues to drop, which could lead to a supply crunch if demand stays strong. Some analysts believe this could eventually push prices higher.
This week is also massive for the broader financial market, with about 40% of the S&P 500 companies reporting earnings. Big names like Meta, Microsoft, Amazon, and Apple will release their results. These earnings calls could influence U.S. government policies, especially if major companies express concern over economic challenges like tariffs.
XRP has remained under pressure since its January peak, partly due to macro factors and regulatory uncertainty. However, recent on-chain data shows that over 838 million XRP were moved in just 24 hours—signaling strong network activity, though not necessarily immediate price gains.
In a recent interview with Bloomberg, Ripple CEO Brad Garlinghouse has indirectly hinted at XRP’s potential to match Bitcoin’s price one day. Speaking about XRP’s role in solving trillion-dollar financial problems, Garlinghouse said that Ripple works closely with banks and regulators—even in uncertain environments.
Brad Garlinghouse indirectly confirmed that #XRP will reach Bitcoin’s price.
He explained that by working with the financial system instead of against it, XRP could scale globally. His comments suggest that XRP has the utility, partnerships, and long-term vision needed to eventually rival Bitcoin in value.
The crypto market has experienced a volatile start to Q2, with many tokens posting significant surges in recent days. Meme coins, in particular, have seen a resurgence, with older tokens gaining traction and newer ones attracting attention.
BeInCrypto has analyzed five meme coins for investors to watch in the coming month and their potential for further growth.
Turbo (TURBO)
TURBO has shown impressive momentum, gaining more than 191% in the past two weeks, now priced at $0.004313. The altcoin is testing key resistance at $0.004842. As one of the best performing meme coins this month, it continues to attract attention from investors, signaling strong potential for future gains.
This surge has provided relief to investors impacted by the February Death Cross. With TURBO standing at a near three-month high, the outlook remains positive if the broader market trends support further growth. A breakout above the resistance could propel TURBO towards the target of $0.006857, offering additional upside.
Failure to breach $0.004842 could lead to a reversal in the trend. A drop below this resistance would likely see TURBO testing the support level at $0.003304. This would invalidate the bullish scenario and potentially erase much of the recent price increase.
Neiro Ethereum (NEIRO)
NEIRO has experienced a notable resurgence, surging by 256% this week alone. Currently trading at $0.0661, the meme coin is at a four-month high. As NEIRO looks to break the $0.0715 resistance, it could see continued upward momentum if broader market conditions remain favorable.
The potential for NEIRO to breach $0.0715 is strong, with the broader market showing bullish trends as Bitcoin approaches $100,000. This could provide the necessary momentum to push NEIRO towards the $0.0845 resistance. A successful test of this level would solidify recent gains and set the stage for a move to $0.1000.
A failure to break through $0.0715 would likely send NEIRO into a bearish correction. In this scenario, the price could fall through key support at $0.0568, possibly testing $0.0446. This would invalidate the current bullish outlook, highlighting the importance of breaking resistance for continued growth.
Brett (BRETT)
BRETT has shown remarkable growth, up 120% over the past two weeks, trading at $0.054. This surge marks a near-three-month high for the meme coin, driven by a shift in market conditions. The rally suggests strong investor sentiment, fueled by the growing interest in Base meme coins.
As the market shifts, BRETT has captured attention, making it one of the more promising altcoins in its category.
With continued momentum, BRETT could break through the $0.058 resistance level, opening the door to further gains. A move toward $0.072 is plausible, especially as hype surrounding Base meme coins intensifies.
This meme coin also reignites the Solana vs. Base meme coin discourse; however, Alvin Kan, COO at Bitget Wallet, told BeInCrypto that this may not be the case.
“Solana still leads. It’s fast, cheap, and has an army of degens ready to mint and trade anything viral. Base is growing, and Coinbase might help push it further, but it hasn’t built the same retail energy yet. As for AI meme coins—they’re interesting, but still feel like a niche inside a niche. For now, Solana memes dominate the meme meta.”
However, a correction could follow if BRETT fails to breach $0.058. The price might drop through the $0.052 support, potentially reaching as low as $0.042. This decline would invalidate the bullish outlook, signaling a shift in market sentiment. Without sustained support above $0.058, the upward momentum may be short-lived, and bearish conditions could prevail.
Official Trump (TRUMP)
TRUMP has captured investor attention, surging 60% this week to trade at $12.14. The meme coin has reignited interest, driven by market speculation. Its rise comes amid increasing excitement around politically fueled volatility, making it a popular pick for traders looking to capitalize on unpredictable market swings.
Although TRUMP failed to secure $12.57 as a support level, the possibility of achieving this level in the coming weeks remains strong. The US President’s influence on market movements, driven by unexpected announcements, could provide the catalyst needed for TRUMP to rise further, potentially reaching $14.53 as it follows broader financial trends.
Failure to hold $12.57 as support could signal a reversal. In this case, TRUMP may see its price drop to $11.44 or $10.29, undermining the current bullish outlook. This scenario would invalidate the positive momentum, with investors needing to monitor key levels for potential price shifts closely.
Pudgy Penguins (PENGU)
PENGU has experienced significant volatility since January, with massive drawdowns following early interest. However, the meme coin has rebounded sharply, gaining 118% over the past two weeks. This recovery has caught the attention of investors, reigniting hopes for further growth and renewed momentum in the altcoin’s price.
Currently trading at $0.00846, PENGU is nearing key resistance at $0.01007. If the meme coin can maintain its bullish momentum, it presents a promising opportunity for investors. A successful break above this level could attract additional buyers, further driving its price and expanding the interest in this resurgent meme coin.
Failing to breach $0.01007 would likely result in a price decline, with support potentially falling to $0.00718. This would erode recent gains and invalidate the bullish outlook, with a further drop to $0.00549.
The meme coin market witnessed a surge in AI-themed tokens today, led by ai16z, which posted a 35% rally. These tokens’ collective value grew by nearly 5% and is currently worth over $3.1 billion.
BeInCrypto has analyzed two other AI-themed meme coins for investors to watch as April nears its end.
ai16z (AI16Z)
Launch Date – October 2024
Total Circulating Supply – 1.099 Billion AI16Z
Maximum Supply – 1.099 Billion AI16Z
Fully Diluted Valuation (FDV) – $269.21 Million
AI16Z has surged by 35% in the last 24 hours, currently trading at $0.243. The altcoin has gained momentum, breaking through a month-long resistance at $0.210. This surge places AI16Z at the forefront of AI meme coins, drawing attention from investors eager to capitalize on the price movement.
To reach the next resistance at $0.321, AI16Z must continue its upward trajectory. However, achieving this target requires that investors hold onto their positions rather than selling off their holdings. With a 30% rise still needed to breach the resistance, market sentiment will play a critical role in its success.
If selling pressure increases, AI16Z could fall below its support at $0.210. A drop below this level would likely lead to a decline toward the $0.154 support, invalidating the current bullish outlook.
Goatseus Maximus (GOAT)
Launch Date – October 2024
Total Circulating Supply – 999.99 Million GOAT
Maximum Supply – 1 Billion GOAT
Fully Diluted Valuation (FDV) – $81.46 Million
GOAT has risen 22% in the last 24 hours, currently trading at $0.079. The altcoin is testing resistance at $0.080, marking a near two-month high. This upward momentum indicates growing investor interest, with the price approaching a critical level that could set the stage for further gains.
If GOAT can maintain its current momentum, it has the potential to secure $0.080 as a support floor. A sustained rise above this level could lead to further gains, with the next resistance target set at $0.102. This would provide a solid foundation for continued growth and extend investor profits.
Failing to breach $0.080 could trigger a reversal in the price movement. In this scenario, GOAT may experience a decline toward the $0.064 support level, erasing recent gains. This would invalidate the bullish outlook, suggesting that the current uptrend could be short-lived if the resistance is not surpassed.
Turbo (TURBO)
Launch Date – May 2023
Total Circulating Supply – 69 Billion TURBO
Maximum Supply – 69 Billion TURBO
Fully Diluted Valuation (FDV) – $317.10 Million
TURBO has posted a 104% rise this week, currently trading at $0.0046. While it did not see a massive rally today, the meme coin has shown impressive growth. However, TURBO faces resistance at $0.0048, which could limit further upward movement unless broken decisively.
To continue its upward trajectory, TURBO must flip the $0.0048 resistance into support. If successful, the altcoin could aim for the $0.0068 level. Maintaining strong investor confidence and preventing widespread selling will be essential to sustaining this bullish trend.
Any significant profit-taking could derail TURBO’s rally. A failure to maintain above the $0.0048 level would lead to a decline, potentially dropping to $0.0038 or even $0.0029. This would invalidate the bullish outlook and likely push the token into a bearish trend.
Virtual Protocol, a decentralized platform for creating and monetizing AI agents, has seen a sharp uptick in user activity over the past few days. This has fueled a surge in demand for its native token, VIRTUAL.
According to on-chain data, the number of unique wallets holding Virtual Protocol’s AI agent tokens has increased significantly across the Base and Solana networks. This has driven a rally in the VIRTUAL’s price, which has climbed 161% over the past week.
VIRTUAL Token Rockets to 2-Month High
According to Dune Analytics, the number of unique active wallets holding Virtual Agents’ tokens across the Base and Solana blockchains has jumped by 95% in the past five days.
Virtual Protocol Daily Active Wallets. Source: Dune Analytics
This spike in wallet activity highlights growing user engagement with the platform’s AI agent ecosystem, as more participants join to create, deploy, and interact with decentralized AI services.
Buying pressure on VIRTUAL has intensified as users seek to acquire Virtual Agents and participate more actively in the protocol. Over the past week, the token’s price has climbed by 161%, reflecting the heightened demand.
Today alone, VIRTUAL is up 18%, making it the top gainer across the cryptocurrency market. As of this writing, it trades at a two-month high of $1.46, with technical indicators pointing to further price rallies.
Readings from VIRTUAL’s Chaikin Money Flow (CMF) indicator, which tracks capital accumulation into an asset, confirm the high demand for the altcoin. At press time, this momentum indicator is above the zero line and in an upward trend at 0.23.
When an asset’s CMF is above zero, buying pressure exceeds selling activity among market participants. This trend, coupled with VIRTUAL’s rising price, is a significantly bullish signal, hinting at an extended rally where the token could record new multi-month highs.
Triple-Digit Rally Signals Possible Run to $2.25
VIRTUAL’s triple-digit spike over the past week has pushed its price above the key resistance of $1.44. If demand strengthens and the bulls retain market control, the altcoin could extend its current gains and climb toward $2.25, a high it last reached on January 31.
However, caution may be warranted in the short term. Technical indicators such as the Relative Strength Index (RSI) show that VIRTUAL currently trades in overbought territory. As of this writing, the momentum indicator is 83.92, indicating that the altcoin is significantly overbought and is due for correction.